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Information with regard to a proposed project

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Reference no: EM131041277

Given the following information with regard to a proposed project:

Inventory increase of $30,000

Cash falls by $4,000

Depreciation increases by $3,000

Accounts payable increase by $11,000

Accounts receivable increase by $11,000

The working capital investment required for this project is:

  • $23,000
  • $37,000
  • $15,000
  • $26,000

Reference no: EM131041277

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